TAP Issue Auction Results Info
| CUSIP | Structure Desc | Settlement Date | Maturity Date | First Pay Date | Par Amt (millions) | Benchmark Desc | Coupon Rate |
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| CUSIP | Structure Desc | Settlement Date | Maturity Date | First Pay Date | Total Award ($mm) | Benchmark Desc | Trade Date | Bids Due Date Time | Auction Type | Benchmark Treasury Yield | Award Price % | Award Spread | Award Yield | Pay Frequency | Stop Percentage | Stop Taken % | Stop Accepted % | Bid Cover Ratio | Coupon Rate |
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The TAP Issue Program uses an auction platform to issue fixed-rate bullet bonds of standardized terms and maturities over a three-month period. Individual issues can grow to multi-billion dollar size, enhancing their liquidity and utility.
Once per day, the FHLBanks may offer selected TAP Issues to a designated group of dealers via competitive auction. The structures offered may be any size or maturity, but all are non-callable with a 30 / 360 day count, semiannual coupon payment dates, and minimum denominations of $10,000 and multiples of $5,000.
For more information call 703-467-3660.
The information above is subject to the Legal Disclaimer on this website. This screen does not constitute an offer to sell or a solicitation of an offer to buy any securities except to certain dealers subject to the terms of written agreements with those dealers and Federal Home Loan Banks Office of Finance procedures.
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We distribute our wide variety of debt securities through a broad network of Authorized Dealers.
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